Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama banks on pollution reductions
The Washington Times ^ | Thursday, February 26, 2009 | Tom LoBianco

Posted on 02/26/2009 2:52:16 PM PST by topfile

President Barack Obama's first budget includes $15 billion a year for renewable energy programs and an ambitious plan to raise $646 billion from a carbon reduction proposal.

"Because our future depends on our ability to break free from oil that's controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy," Mr. Obama said Thursday morning. "That's why we'll be working with Congress on legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy."

The plan uses money from a cap-and-trade program — which would allow companies to emit carbon dioxide up to a certain level, and then charge them $20 per ton of gasses emitted above that cap — would pay for Mr. Obama's middle-class tax cuts and investments in renewable energy.

Republican leaders were broadly critical of the president's plans, saying the national economy is in no shape to handle the burden of new taxes.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Government
KEYWORDS: 111th; agenda; americans; appeasement; bailout; banking; bankrupt; banks; barack; barackobama; barneyfrank; bho; bho2009; bho44; bhobudget; bhoenvironment; bhostimulus; bill; bo; bob; boston; bow; budget; business; california; canada; carbon; carbontax; carbulusmaximus; chicago; china; chinese; chrisdodd; cia; climatechange; clinton; clowardpiven; co2; coal; communism; communist; congress; constitution; corruption; crapandtade; crime; crude; democrats; dictator; diesel; disarmament; dodd; dollar; dopey; drill; dumbo; economy; election; electric; electricity; energy; envirowhackos; fanniemae; federal; florida; foreclosed; foreclosure; fraud; freddiemac; free; freedom; fueloil; gases; gasoline; gibbs; global; globalcooling; globalwarming; globalwarminghoax; glowbull; gold; gore; gorebullwarming; government; green; greenhouse; gun; hoax; home; hopeychangey; housing; hussein; iceage; illinois; impeach; inflation; iowa; iran; junkscience; keywordsgonewild; killthegoldengoose; lead; lend; liberty; lie; manchuriancandidate; market; marketplace; marxism; marxist; maxinewaters; meltdown; mexico; mortgage; muslim; nationaldebt; natural; obama; obamacracy; obamacrats; obamafia; obamarx; obambi; obamob; offshore; oil; opec; pelosi; politicalscience; politics; porkulus; power; president; protest; rape; rates; realestate; reed; reid; revolt; revolution; ricksantelli; rights; rush; russia; santelli; scam; science; sciencemadestupid; senate; silver; socialism; sovietunion; sowell; states; sticker; stimulas; stimulus; stopobama; stupidity; surrendercrats; taxemtiltheybleed; taxes; taxincrease; taxpayers; tea; teamster; teaparty; texas; tyranny; tyrant; unitedstates; usa; usgovernment; ussa; voters; wall; washington; washingtondc; weather; welfare; whitehouse; zero
Who knew that Global Warming would be just a windfall for the Federal Government? huh
1 posted on 02/26/2009 2:52:17 PM PST by topfile
[ Post Reply | Private Reply | View Replies]

To: topfile

bambi really is a nightmare..an idiotic nightmare


2 posted on 02/26/2009 2:59:34 PM PST by usshadley (crying racism--the new "last refuge of the scoundrel")
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile

C02 is not a pollutant!


3 posted on 02/26/2009 3:01:48 PM PST by omega4179 (Jindal MMXII)
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile

[an ambitious plan to raise $646 billion from a carbon reduction proposal]

Call it what it is! I MASSIVE tax increase!


4 posted on 02/26/2009 3:02:46 PM PST by KansasGirl
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile
an ambitious plan to raise $646 billion from a carbon reduction proposal

That makes it the same as a tax, paid by every person who uses electricity or any other energy.

It's not taxing the energy producers as they pass it along to the consumers.

He's trying to make it sound like it's new money coming from out of nowhere, but actually he is just re-taxing the same people....taking water from the deep end of the pool and putting it into the shallow end hoping to increase the depth at the shallow end.

Liberals never learn that for every action there is an equal and opposite reaction.....they never consider the consequences of what they do.

That's how California got in its mess and all the rest of us will end up chipping in

You can't keep taking money from producers/workers/innovators and giving it to non-productive/counterproductive people and expect anything good to result.

5 posted on 02/26/2009 3:03:35 PM PST by capt. norm (Never underestimate the power of very stupid people in large groups.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile
we need to make clean, renewable energy the profitable kind of energy,

Profitable like ethanol is "profitable" because Fedzilla subsidizes its production.

6 posted on 02/26/2009 3:07:29 PM PST by tx_eggman (I own two rare photos. Houdini as he locks his keys in his car and Norman Rockwell beating a child.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile

Think America, he spends $15 billion on alternative energy.

And then taxes our existing energy a whopping $645 billion!!

Get the picture? Less energy. Higher prices. Leftist insanity.


7 posted on 02/26/2009 3:13:11 PM PST by Williams (It's The Policies, Stupid.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: xcamel; DaveLoneRanger

GW ping!!!


8 posted on 02/26/2009 3:19:13 PM PST by Thunder90
[ Post Reply | Private Reply | To 7 | View Replies]

To: Thunder90

who had the keyword orgasm?


9 posted on 02/26/2009 3:20:26 PM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
[ Post Reply | Private Reply | To 8 | View Replies]

To: topfile

“Because our future depends on our ability to break free from oil that’s controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy,” Mr. Obama said


A one pronged plan of action ignoring other conclusions...Obama is giving stupid a bad name.


10 posted on 02/26/2009 3:23:22 PM PST by crazyhorse691 (Obama is Americas new Forrest Gump...but with an oversized ego and ears.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile

nobama must think we’re all fools.

With cap and trade he will raise the price of energy we use now (coal, gasoline, diesel, etc.) to such a high price we’ll be begging to buy a plug-in car or put solar panels on our roof or a windmill in our backyard.

What a ridiculous non-starter of an idea.

Do all the energy intensive stuff on your life’s “to do” list ASAP. Once this POS kicks in, you’ll be lucky to get to work each day and the grocery once a week. And with your home thermostat set to 60, if not lower, in the winter, get used to huddling.


11 posted on 02/26/2009 3:32:58 PM PST by upchuck (I'm glad I'm old. Thus I can remember when America was a decent, moral, God fearing country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile
The plan uses money from a cap-and-trade program — which would allow companies to emit carbon dioxide up to a certain level, and then charge them $20 per ton of gasses emitted above that cap — would pay for Mr. Obama's middle-class tax cuts and investments in renewable energy.

This is just total BS. Hard to believe our populace is falling for this.

Companies do not pay taxes. They pass the cost of taxes on to their customers. So Wal*Mart charges me an extra $20 for groceries because of cap and trade. And then nobama give me a "tax cut?" This is insane!

12 posted on 02/26/2009 3:38:40 PM PST by upchuck (I'm glad I'm old. Thus I can remember when America was a decent, moral, God fearing country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: capt. norm

The Liberal Mind

13 posted on 02/26/2009 3:40:19 PM PST by topfile
[ Post Reply | Private Reply | To 5 | View Replies]

To: topfile
break free from oil that's controlled by foreign dictators

What about domestic energy crippled by a Domestic Dictator?

Could we break free from that jerk too?

14 posted on 02/26/2009 3:49:02 PM PST by SteamShovel (Global Warming, the New Patriotism)
[ Post Reply | Private Reply | To 1 | View Replies]

To: usshadley
"plan to raise $646 billion from a carbon reduction proposal"

TAX INCREASE ALERT!

plus

"OBUMMER BETS US TAX REVENUE STREAM ON CONTINUING POLLUTION"

15 posted on 02/26/2009 3:59:23 PM PST by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SteamShovel
...crippled by a Domestic Dictator?

Congress Prepares to 'DEBATE'.

16 posted on 02/26/2009 4:04:23 PM PST by topfile
[ Post Reply | Private Reply | To 14 | View Replies]

To: KansasGirl

Not only is it a massive tax increase - what I find interesting is it is NOT a progressive tax increase - even poor folks pay this. So watch for the dems to find a way so not all pay for this but only achievers


17 posted on 02/26/2009 4:19:15 PM PST by plain talk
[ Post Reply | Private Reply | To 4 | View Replies]

To: plain talk

[watch for the dems to find a way so not all pay for this but only achievers]

They already have. Obama, the king himself, said they will be subsidizing the higher utility bills of the people who can’t afford the increased bills cap and trade will cause.


18 posted on 02/26/2009 4:29:37 PM PST by KansasGirl
[ Post Reply | Private Reply | To 17 | View Replies]

To: topfile; WL-law; Genesis defender; proud_yank; FrPR; enough_idiocy; Desdemona; rdl6989; ...
 




Beam me to Planet Gore !

19 posted on 02/26/2009 4:36:46 PM PST by steelyourfaith (How many face lifts were required before the Speaker began speaking from her anal orifice?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KansasGirl

Obama’s cap and trade would result in factories closing or reducing operations, and much higher unemployment. More jobs would leave the U.S. permanently.

Even without such a stunningly dumb plan, unemployment will probably go to 12%.


20 posted on 02/26/2009 4:41:24 PM PST by pleikumud
[ Post Reply | Private Reply | To 4 | View Replies]

To: omega4179

I exhale, therefore I pollute?


21 posted on 02/26/2009 5:21:26 PM PST by GBA
[ Post Reply | Private Reply | To 3 | View Replies]

To: topfile

Now the government will have a vested financial interest in ensuring that industry continues to emit CO2.


22 posted on 02/26/2009 5:27:49 PM PST by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: topfile
The middle class won't need tax cuts when they no longer have jobs.

This doesn't discourage foreign oil as much as it discourages domestic oil, coal, and natural gas. It also makes so many manufacturing facilities worth more dead than alive—watch for corporate raiders to buy up manufacturing plants just so they can trade off the carbon emissions. Hey, GM may be worth something after all.

Maybe the Secret Service will arrest Obama next time he snorts a line. The dude is either on drugs or listening to Biden.

23 posted on 02/26/2009 5:34:49 PM PST by Jacob Morgan
[ Post Reply | Private Reply | To 1 | View Replies]

To: tx_eggman

If ethanol couldn’t compete with oil when it was 140 bucks a barrel it’s time to let it wither on the vine and stop subsidizing it.

The federal requirement for it to be mixed with gasoline amounts to nothing but an extra tax on fuel.


24 posted on 02/26/2009 5:35:12 PM PST by headstamp 2 (Been here before)
[ Post Reply | Private Reply | To 6 | View Replies]

To: usshadley

“Because our future depends on our ability to break free from oil that’s controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy,” Mr. Obama said”

Liberals really are retards.


25 posted on 02/26/2009 5:36:44 PM PST by headstamp 2 (Been here before)
[ Post Reply | Private Reply | To 2 | View Replies]

To: topfile

Reparations on deck.

Expect it to be hit out of the park.


26 posted on 02/26/2009 5:37:00 PM PST by Glenn (Free Venezuela!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: crazyhorse691

One would thing that the way to break free from oil produced by foreign dictators is to produce oil here. Duhh!


27 posted on 02/26/2009 5:46:30 PM PST by AmericanVictory
[ Post Reply | Private Reply | To 10 | View Replies]

To: AmericanVictory

Thinking is beneath his pay grade...and keep talking like that will get you an expedited trip to a re-education camp.


28 posted on 02/26/2009 6:20:25 PM PST by crazyhorse691 (Obama is Americas new Forrest Gump...but with an oversized ego and ears.)
[ Post Reply | Private Reply | To 27 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson